@plentyfomous.eth
We’re reaching a point where CEXes are no longer necessary for privacy preservation.
Right now the "true privacy" mode in @fluidkey is still bit too steep to be used for every incoming transaction.
The fee for each untraceable transaction was roughly ~2% of the total amount. So around $200 for a $10K transfer. Still a bit high compared to moving funds through a CEX, though acceptable if I’m in a rush.
That said, the feature itself is great. I really like it.
I’d love to have a debit card linked directly to my account, but even now, moving funds from Fluid to Ether_fi or Cypher accounts when needed is a breeze.
I’m used to transferring funds from one of my wallets to a specific CEX, and from there to my bank accounts or crypto based debit card accounts. Cutting CEXes out of this process would be great, there’s always the risk of having funds frozen on a CEX.
0 reply
0 recast
1 reaction